Posted on: 23rd Oct, 2010 09:12 pm
It appears that my credit report reflects that I "paid, closed" my mortgage even though it was a short sale.
It does indicate under notes that I was late 150 days or more, but now current.
So, my question is...
I am current as of July 2010 and my mortgage is "Paid, Closed".
Does this mean I am eligible for a mortgage within 18 months? or just outside of 18 months?
No where on my report does it indicate I have short sold, or pre-foreclosed, or was foreclosed upon.
Eric
It does indicate under notes that I was late 150 days or more, but now current.
So, my question is...
I am current as of July 2010 and my mortgage is "Paid, Closed".
Does this mean I am eligible for a mortgage within 18 months? or just outside of 18 months?
No where on my report does it indicate I have short sold, or pre-foreclosed, or was foreclosed upon.
Eric
If the credit report does not mention a short sale or a pre-foreclosure, then you'll be able to get a mortgage within 18 months of the short sale of the property.